Question
At the end of the trading day on Friday September 20, 2013 following three stocks in DJIA: Alcoa (AA), Bank of America (BAC) and HP
At the end of the trading day on Friday September 20, 2013 following three stocks in DJIA: Alcoa (AA), Bank of America (BAC) and HP (HPQ) were replaced by three new stocks: Goldman Sachs (GS), Visa (V) and Nike (NKE) (http://www.reuters.com/article/2013/09/10/us-usa-stocks-dow-components-idUSBRE9890MK20130910)
DJIA closed at 15451.09 at the close of trading day on September 20. If the old divisor for DJIA was 0.130216081, estimate the new divisor after the three new index additions. Historical stock price information is available on finance.yahoo.com
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